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LT029 · EL525

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NUTS-3 LT029 · Lithuania
Population
122,7022025
GDP
€1,870M2024
Unemployment· NUTS-2 source
7.8%2025
Employment· NUTS-2 source
77.7%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
7,187.5 km²
NUTS-3 EL525 · Greece
Population
115,1012025
GDP
€1,851M2023
Unemployment· NUTS-2 source
11.7%2025
Employment· NUTS-2 source
69.1%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
1,523.2 km²

Decision brief

Download brief (PDF)mandate-neutral · ranked by overall opportunity

Best overall fit: Utenos apskritis (Opportunity 28). Runner-up: Πιερία (25). Contrarian pick: Πιερία — leads the set on Demographic outlook (EU pctl 97).

Strengths
Cost advantage (80) · Air quality (69)
Red flags
Economic base (EU bottom 15%)
Demographic outlook (EU bottom 15%)
Digital readiness (EU bottom 15%)
Strengths
Demographic outlook (97) · Cost advantage (83)
Red flags
Economic base (EU bottom 15%)
Labour market (EU bottom 15%)
Freight intensity (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Utenos apskritis
Economic base (EU bottom 15%); Demographic outlook (EU bottom 15%); Digital readiness (EU bottom 15%). Its weakest dimension is Demographic outlook (EU pctl 0) — Πιερία may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: LogisticsUtenos apskritis · ManufacturingUtenos apskritis · OfficeΠιερία · ResidentialΠιερία.
Phase-2 diligence checklist
  • Site-level grid connection capacity and power pricing (beyond country-grain energy data)
  • Local incentives, tax regimes and permitting timelines
  • Workforce depth for your specific roles (the talent pillar is a proxy)
  • Real-estate availability, rents and land — public pan-EU data stops at the Nordics

This is a mandate-neutral read. To weight the pillars to your thesis, run these regions through the Site Screener — it ranks all 1,211 regions under your weights and exports the full PDF. First-pass macro screening, not investment advice.

Composite intelligence · 0–100 EU-percentile scores

Opportunity Indexscale + growth + access + structure
28.1
24.7
Resilience Indexdiversification, stability, buffers
28.3
18.5
Quality of Lifeprosperity, health, safety, environment
38.3
31.6
Clean AirPM2.5 / PM10 / NO₂ inverted
68.5
Connectivitytransit + air + market access
41.0
20.3
Talent & Human Capitalskills, learning, knowledge workers
66.3
37.3
Growth Momentumrecent GDP / employment trajectory
57.0
53.2

Trajectories · 2012–latest

Real GDP (2020 prices)
0.4% 5y
4.4% 5y
Population
1.0% 5y
1.3% 5y
Unemployment rate
10.5% 5y
8.7% 5y

Derived comparisons

GDP per capita
€15,238
€16,084
Population density
17 /km²
76 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only

All indicators · 87 metrics (Eurostat, all-EU)

Economy
Gross value added, total (current prices)
€1,674M
€1,615M
GVA — agriculture, forestry & fishing (A)
€86M
€157M
GVA — industry (B–E)
€555M
€195M
GVA — manufacturing (C)
€299M
€152M
GVA — construction (F)
€92M
€44M
GVA — wholesale/retail, transport, ICT (G–J)
€312M
€566M
Net disposable household income per capita (NUTS-2 source) ·N2
€14,200
€12,400
GDP per capita in PPS (purchasing-power adjusted)
19,200 PPS
17,600 PPS
GDP per capita (current prices, EUR)
€15,000
€14,300
Gross fixed capital formation — investment (total economy) ·N2
€10,284M
€5,199M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€1,567M
€548M
Compensation of employees (total wage bill) ·N2
€21,259M
€11,333M
GVA — real estate activities (L)
€186M
€216M
GVA — information & communication (J)
€32M
€13M
GVA — finance, real estate & professional (K–N)
€287M
€294M
GVA — public admin, health & education (O–U)
€342M
€360M
Real GDP (constant 2020 prices, incl. short-term forecast)
€1,408M
€1,683M
Labour productivity per person employed (EUR)
€36,437
€38,815
Gross fixed capital formation, NUTS-3 (ARDECO)
€490M
€363M
Labour market
Employment, total persons
55,130
51,880
Self-employed persons
8,020
23,790
Employment in manufacturing (C)
11,740
3,410
Activity rate, 15–64 (NUTS-2 source) ·N2
78.7%
70.7%
Youth unemployment rate (15–24) ·N2
15.5%
23.3%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
7.8%
11.7%
Labour force aged 15+ (ARDECO)
62,800
51,500
Business demography
Active enterprises (business economy, all sizes)
10,692
10,011
Enterprise births
2,192
785
Enterprise deaths
1,811
466
3-year enterprise survival rate
6.2%
4.3%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.7%
1.5%
Employment in high-tech sectors (% of total) ·N2
2.9%
3.7%
R&D personnel (% of active population, FTE) ·N2
0.6%
1.5%
Education
Tertiary education attainment, age 25–64 ·N2
42.7%
36.4%
Tertiary attainment, age 25–34 (young talent pool) ·N2
52.3%
44.3%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
9.4%
5.5%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
26.8%
21.3%
Scientists & engineers (% of labour force) ·N2
9.7%
7.9%
Digital
Households with internet access ·N2
87.8%
Tourism
Nights spent at tourist accommodation (total)
364,529
4,220,999
Mobility
Passenger cars per 1,000 inhabitants ·N2
611 /1k
474 /1k
Road freight loaded (annual, thousand tonnes)
2,151 kt
1,177 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
1,692
2
Motorway density (km per 1,000 km²) ·N2
7 km/1000km²
24 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1,379
2
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
98
57
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
1
Demography
Population aged 15–64 (working age)
77,576
70,487
Population aged 65+
31,988
29,550
Population aged under 15
13,138
15,064
Median age of population
51.1 yrs
49.1 yrs
Old-age dependency ratio (65+ / 15–64)
41.2%
41.9%
Crude rate of total population change
-28.0 /1k
-9.6 /1k
Crude rate of net migration plus adjustment
-14.3 /1k
-2.6 /1k
Crude birth rate
4.7 /1k
6.3 /1k
Crude death rate
18.4 /1k
13.4 /1k
Live births
581
734
Deaths
2,294
1,545
Total age-dependency ratio (young+old / 15-64)
58.2%
63.3%
Total fertility rate (births per woman)
0.96
1.33
Population density (persons per km²)
19 /km²
76 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
38,470
122,619
Social
At risk of poverty or social exclusion (AROPE) ·N2
30.7%
33.0%
Life expectancy at birth ·N2
77.2 yrs
81.7 yrs
At-risk-of-poverty rate (regional) ·N2
26.2%
24.2%
Health
Hospital beds per 100k inhabitants ·N2
511 /100k
451 /100k
Mortality, all causes (age-standardised rate) ·N2
1,630 /100k
1,185 /100k
Cancer mortality (age-standardised rate) ·N2
259 /100k
244 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.6 /100k
0.0 /100k
Robberies per 100k inhabitants
3.2 /100k
4.3 /100k
Burglaries per 100k inhabitants
26.9 /100k
57.6 /100k
Thefts per 100k inhabitants
193 /100k
127 /100k
Road traffic deaths per million inhabitants ·N2
49 /M
50 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.94
0.56
Regulatory quality, WGI score -2.5..2.5 (country)
1.19
0.42
Rule of law, WGI score -2.5..2.5 (country)
1.23
0.49
Control of corruption, WGI score -2.5..2.5 (country)
0.86
0.32
Political stability & absence of violence, WGI score (country)
0.96
0.24
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.136/kWh
€0.143/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.050/kWh
€0.039/kWh
Climate
Elevation at region centroid (Copernicus DEM)
139 m
127 m
Hot days ≥30°C (avg per year)
2 days/yr
51 days/yr
Frost days ≤0°C (avg per year)
116 days/yr
21 days/yr
Heavy-precipitation days ≥20mm (avg per year)
3 days/yr
11 days/yr